Truist increases prime rate to 6.25 percent
21 September 2022 - 11:42PM
PR Newswire (US)
CHARLOTTE, N.C., Sept. 21,
2022 /PRNewswire/ -- Truist Financial Corporation
(NYSE: TFC) announced an increase in its prime lending rate to 6.25
percent from 5.50 percent, effective tomorrow, September 22, 2022.
About Truist
Truist Financial Corporation is a
purpose-driven financial services company committed to inspiring
and building better lives and communities. Truist has leading
market share in many high-growth markets in the country. The
company offers a wide range of services including retail, small
business and commercial banking; asset management; capital markets;
commercial real estate; corporate and institutional banking;
insurance; mortgage; payments; specialized lending; and wealth
management. Headquartered in Charlotte,
North Carolina, Truist is a top 10 U.S. commercial bank with
total assets of $545 billion as of
June 30, 2022. Truist Bank, Member
FDIC. Learn more at Truist.com.
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SOURCE Truist Financial Corporation
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